Monthly Digest #1
This digest highlights the core foundations of project success: structured phases, effective integration, and the importance of the Project Charter.
CONTENTS
INTRODUCTION
ESSENTIAL PROJECT PHASES TO KNOW
INTRODUCTION TO PROJECT INTEGRATION FOR BETTER RESULTS
BLUEPRINT FOR SUCCESS: CREATING A PROJECT CHARTER
Introduction
Welcome to the first Monthly Digest of The Fulcrum Point™ Dispatch - a newsletter for business owners and leaders who are interested in learning about various tools and techniques that can help run businesses, operations, and projects better, while indulging in the occasional Unpopular Opinion about politics, economics, and our society.
About Unpopular Opinions
Critical thinking and common sense are not that common. They never were. Healthy debate around difficult topics is imperative for progress. That’s exactly why you’ll like Unpopular Opinions, which is a section of this newsletter where we methodically dissect the elephant in the room most do not want to talk about.
ESSENTIAL PROJECT PHASES TO KNOW
Project success relies on mastering five structured phases: Initiating, Planning, Executing, Monitoring & Controlling, and Closing. From defining scope and building detailed plans to delivering results and capturing lessons learned, each phase turns ideas into controlled outcomes. Understanding this lifecycle reduces risk and increases the likelihood of successful delivery.
Read More: Essential Project Phases to Know
INTRODUCTION TO PROJECT INTEGRATION FOR BETTER RESULTS
A project doesn’t seem so manageable when you need to align numerous moving parts of a substantial project, does it? And if this alignment process goes wrong, the project slows down and it leads to productivity decrease eventually.
Integration Management stands as a key knowledge area within project management, synchronizing various processes and systems to facilitate smooth execution and achieve goals and objectives.
Read More: Introduction to Project Integration for Better Results
BLUEPRINT FOR SUCCESS: CREATING A PROJECT CHARTER
Before any project begins, it's essential to create a comprehensive document that outlines the project's details. As a project manager, this go-to document ensures everyone is aligned throughout the project lifecycle. Known as the Project Charter, this document is vital for reminding all project members of the project’s objectives and agreements.
Read More: Blueprint for Success: Creating a Project Charter